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June 20, 2007
Better than a dart board
From Reason.com:
A Random Walk and a Bite to Eat
Katherine Mangu-Ward | June 20, 2007, 2:42pmIt's not quite the random walk hypothesis in action, but it looks like the winner of a stockpicking contest sponsored by CNBC might be a waitress who "never even paid much attention to the markets before signing up for the challenge."
Business Week reports that Mary Sue Williams "of the tiny Appalachia town of St. Clairsville, Ohio" is showing a 29 percent return so far in the two-week contest. The prize is $1 million. The story writes itself from there...
Posted by joke du jour at June 20, 2007 06:00 PM
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